Today’s Top Story
Canada Emergency Wage Subsidy: Get Ready To Apply
The Canada Revenue Agency will open the application process on April 27. CEWS claims will be subject to verification by the CRA, therefore the CRA will begin to release funds for approved applications on May 5. To get ready, the CRA has released instructions on what you need to do, a wage subsidy calculator and enhanced eligibility information.
For Your Attention
Saskatchewan Phased Re-Opening Begins May 4
Today, the Government of Saskatchewan announced their initial plans for re-opening the provincial economy. Over the next several weeks, restrictions will gradually be lifted, with more businesses being allowed to re-open. Social distancing requirements will remain in place. The first re-opening phase begins on May 4.
COVID-19: Agriculture And Agri-Food
The agriculture and agri-food industry is a key partner in national and global supply chains. Learn how the sector is being affected by COVID-19 and what the government has done and can do to help in this video with our policy advisor, Jarred Cohen.
Compliance Inspections For Employers Of The TFW Program
Service Canada has issued a letter for employers of the TFW program during the COVID-19 pandemic. The letter outlines additional health and safety concerns, notification requirements, inspection criteria, documentation needs and penalties employers may face for non-compliance.
Applications Open: NRC IRAP Innovation Assistance Program (IAP)
On April 17, 2020, the Government of Canada announced $250 million in funding for the Innovation Assistance Program (IAP) to assist Canadian small and medium-sized enterprises. IRAP IAP provides a wage subsidy to eligible employers for up to 12 weeks, who have been unable to secure funding under the Canada Emergency Wage Subsidy. Applications close on April 29.
Mary Jo Fedy, National Enterprise Leader at KPMG Canada, has shared with us the supports and programs available to help Canadian businesses remain resilient throughout this crisis.
Welcome Canada’s LGBT+ Chamber of Commerce
The Canadian Business Resilience Network (CBRN) is excited to welcome Canada’s LGBT+ Chamber of Commerce (CGLCC) as a member. CGLCC was established in 2003 to connect LGBT+ enterprises with corporate and government partners, and each other, to create Canadian and International business opportunities, driving economic prosperity for all.
“CGLCC is delighted to join the Canadian Business Resilience Network as we all work together to support our members and businesses reacting to COVID-19. We also need to ensure that when the recovery happens, it is inclusive of all diverse businesses, including LGBT+ owned businesses.”Darrell Schuurman, CEO of CGLCC
National Medical And Research Strategy
Today the government announced $1.1 billion in COVID-19 medical funding, including:
- $150 million for research on vaccines and treatments.
- $662 million for Canada-led clinical trials.
- $350 million to expand national testing and modelling, including creating an Immunity Task Force.
How We’re Helping Canadian Business
The Power Of Our Network
We held our weekly update call today with over 200 of our chamber of commerce, board of trade and association partners. Joining the call today were representatives from the Canada Revenue Agency (CRA); a major topic of interest was the Canada Emergency Wage Subsidy.
The CRA will open the application process on April 27, 2020. CEWS claims will be subject to verification by the CRA, therefore the CRA will begin to release funds for approved applications on May 5.
A #TeamCanada Approach
Giant Tiger is launching the #ThankYou Sessions livestream concert series in support of Food Banks Canada. The weekly musical performances, featuring Anthem Records recording artists, will stream live every Wednesday at 8:00 p.m. ET from April 15 to May 27, 2020 on Giant Tiger’s official Facebook page. Giant Tiger is also making a donation to support Food Banks Canada with each performance to help fund food for the vulnerable in communities across the country.
KPMG is helping businesses lead successfully in turbulent times so they can safeguard their business and discover opportunities. KPMG has compiled a series of business continuity insights to provide guidance to businesses across all sectors during the pandemic.
General Motors Co and medical equipment maker Ventec are speeding up efforts under a partnership code-named “Project V” to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak.
Hippohug, a member of the Calgary Chamber of Commerce, is looking to diversify to meet the needs of the market. The company is currently in the early stages of prototyping a mask that can go over N95 masks to assist in prolonging the life of each mask, helping relieve some of pressure created by the current mask shortages.
If you know of a business that has taken steps to help Canadians through this pandemic, please contact us.